Australia's New South Wales Government has carved up its transactional banking contract with Westpac, in the process handing out plum assignments for ANZ and Citi.
Swift has signed 14 major banks - including Bank of China, Citi and Deutsche Bank - to a pilot using APIs to pre-validate gpi payments, speeding up identification and cutting out errors and omissions in messages.
Citibank’s global head of bank research Ronit Ghose kicked off this year’s EMEA Media Summit by highlighting how artificial intelligence, Big Tech and core banking systems on the cloud will disrupt financial services.
Between €750-800bn in assets will move from London to Frankfurt as a result of a Brexit-led exodus of banks from the UK.
Startups from across Israel made their way to Jaffa this week for a Citi and Visa sponsored competition with a twist: the event took place in pitch black.
Citibank is inaugurating today its first Citigold Center in San Francisco, located in the historic Pacific Gas & Electric Company Building at 245 Market Street in the heart of the financial district.
Banks are living through an "extinction phase" as they look to survive the asteroid that is digitisation and the new competitors it ushers in, warns Stephen Bird, global CEO, Citi.
Citi is inviting late-stage fintech startups to apply for an Open Innovation Challenge, to inspire the development of products that can be used to help customers better manage their debt and improve their financial well-being.
Citi Ventures has made an undisclosed strategic investment in Ondot, a supplier of white label and API-based services for enriching mobile banking apps.
Banking not-for-profit Bian has launched a free online market, containing APIs developed by firms including IBM, Microsoft, Citi and PNC.
© Finextra Research 2018